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Cryptocurrency News Articles

This Crypto Wallet Aims To Help You Spot The Next 100X Meme Coin

Jan 06, 2025 at 05:17 pm

A savvy crypto trader made $17.5 million trading coins like GOAT, AI16Z, FARTCOIN, and ARC – and a new crypto wallet aims to help you do the same.

This Crypto Wallet Aims To Help You Spot The Next 100X Meme Coin

A recent analysis of a savvy crypto trader’s wallet has shown trades that netted the trader millions in profits. The trades, which involved meme coins like Goatseus Maximus (GOAT), AI16Z, FARTCOIN, and ARC, highlighted the potential for massive gains in the crypto space.

According to data shared by Lookonchain, the trader aped into several promising cryptocurrencies early on, capitalizing on the meme coin trend. One notable trade involved GOAT, where the trader invested around $62,000 to buy 11.1 million tokens when the crypto’s market capitalization was below $2 million. Later on, the trader sold the GOAT holdings for $5.2 million to net a staggering profit of $5.14 million.

The trader also managed to capitalize on AI16Z after investing $123K when the token’s capitalization stood at around $22 million. On-chain data shows the trader went on to sell 4.67 million AI16Z tokens for $1.78 million and still holds 2.65 million tokens valued at approximately $2.9 million.

Furthermore, the trader invested $121K in FARTCOIN when the crypto’s market cap stood below $7 million. Recently, the trader sold 6.81 million tokens for $610K. After the recent sale, the trader still holds 2.65 million FARTCOIN tokens for an unrealized gain of $3.55 million.

Lastly, the same trader spent $212K on ARC when its market cap stood at $15 million. After buying 11.6 million tokens, the trader then went on to sell just 1.6 million tokens for $212K recently. This leaves the trader with 10 million tokens valued at more than $4 million.

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